Tuesday, 22 August 2017

Powerball Jackpot Could Increase To More Than $800 Million

Jackpots are the pride of any lottery. This is because it is the largest cash price in any lottery game which could increase to ridiculous sums at times. An example of this is the jackpot of $1.6 Billion which was won by three Powerball players – $1.6 Billion. Imagine if the amount was won by a single person. The person could have conveniently left from someone no one knew about to a Billionaire. Well, instead, because the huge cash price was won by three different tickets, the mammoth sum was divided into three equal parts and the winners settled for becoming millionaires instead of billionaires. Even so, who wouldn’t want to be a Millionaire overnight. I know I would. For those who dream high like I do, there is a chance about to present itself. It is the US Powerball jackpot. The US Powerball is a multi-state lottery which is offered in 44 American states including Puerto Rico, the District of Columbia and the U.S. Virgin Islands. The Powerball is very popular especially as it sells across 47 territories and states in the US and has a minimum jackpot of 40 million which can increase depending on the sale of tickets and number of jackpot amounts rolled over.

It is no news that when the jackpot for a particular draw is not won, the amount of the jackpot is rolled over. The last Powerball jackpot was rolled over 19 times before it was won. This amount of $447.8 million which rose as a result of a late surge in ticket sales as people rushed to buy tickets in order to contest for the huge jackpot was won on the 10th of June 2017 by a single winner who hailed from California which is amongst the 47 states participating in the lottery. The lucky winner of this lottery was Jeff Lindsay. 

This amount beat the $435.3 million won in February 22nd 2017 by a ticket bought in Indiana. The anonymous winner was described as a graduate from Purdue University who worked at a manufacturing plant. He chose the lump-sum cash option of $263.5 million as opposed to the $435.3 million annuitized payment plan when he finally came forth. 


Now, there is an even greater jackpot on the line. Once again, no ticket matched the winning numbers which were drawn on Saturday. This means that the jackpot will once more be rolled over to the next draw which will take place on the 23rd of August 2017. At present, the amount stands at $700 million and if it is won in the next draw, it could eventually beat the second largest US lotto jackpot of all time which currently stands at $648 million and was won by two tickets bought from California and Georgia on the 17th of December 2013. The Powerball uses a 5/69 + 1/26 matrix to choose its winners. The winner of the jackpot is the player whose selected numbers match the numbers drawn by the lottery committee. 

On Saturday, August 19th 2017, there was no winner for the jackpot as no player’s selected number matched the drawn numbers. As a result, the jackpot was rolled over to the next date which is the 23rd of August 2017. With the number of people rushing to buy tickets, it is no surprise that the amount has risen to $700 million. 

Now, if the jackpot is not won again, the amount could rise to $1 billion which will make it the second largest jackpot in US history. Of course, once that happens, people will start rushing to purchase tickets which could make the amount to rise even further. Now, it is true that the Powerball has always been a very difficult jackpot to win, but because of a rule change in October 2015 that tweaked the odds increasing the chances of winning the jackpot to stand at around 1 in 292,000,000. Really tough, rite? This means that the it is more likely for you to be struck down by lightening while drowning (1 in 183,000,000) or hit by an asteroid (1 in 700,000) than for you to actually win the jackpot. But when has an odd of 1 in 292 million ever stopped any one from trying to win $650 million. 

Queues that stretch across the streets in front of lottery kiosks are all over the US as players struggle to get a chance at the mammoth $700 million which will be drawn during the Powerball draw this Thursday. If the price is not won in the next two draws, the amount could reach a $1 billion which will be drawn on August 27th, 2017. Now that will be the second largest draw of all time, after the record $2.3 billion Powerball draw in January 2016. Even though the Powerball lottery isn’t open to citizens of Australia, those citizens who feel lucky enough can play through Lottosend where they can also buy lottery tickets for many other really big jackpot lottery games and not only the US Powerball, such as Euromillions or the popular Californian Superlotto Plus lottery that had a $65 million jackpot winner just this week.

Users of Lottoland do not actually enter the lottery but the online service allows them to pick the numbers they think will be drawn and bet on the outcome of the lottery in order to win thesaem amount won by the lottery winners of the US Powerball. That money is to be paid by Lottoland. Lottoland has reportedly already noticed a massive rush in traffic as players rush to purchase tickets to stand a chance to win the large jackpot amount since the weekend when the amount stood at $600 million. 

Players who feel lucky can purchase their tickets from any authorized lottery in the 47 states including Puerto Rico, the US Virgin Islands and the District of Columbia. Tickets cost $2 but can increase depending on the number of add-on features played on a ticket. Tickets are usually sold up to 10:00 PM Eastern time on game night even though some territories cut off their lotteries earlier. The drawings for the upcoming draw is slated for the 23rd of August 2017. If a player succeeds in matching the five balls drawn together with the one Powerball won, he/she could be the winner more than $700 million. But if no one is able to match that amount, then we might be looking at a jackpot amount of over$1 billion on Saturday, the 26th of August 2017 which could keep increasing until someone wins the amount.